What makes the chart interesting today is that: BTCUSD challenging the Wedge's UpTrend. A break bellow Wedge's UpTrend could push the pair to its $10,400 ~ $10,500 previous support areas. A rejection at the Wedge's UpTrend, however, could lead to another retest of the Wedge's top. Will the BTC see an downside breakout against the USD? No one knows it! We have to wait and see!
There's also one thats been forming since the crash.. Even if you cut out the bottom of it (its probably safe to say we wouldn't have seen 3k if covid didn't happen), its still pretty beastly. Great educational analysis, thank you for your post!
ForecastCity
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